Spring Hill - PO38 1PE
Key Postcode Insights
PO38 1PE is a residential postcode situated on Spring Hill, Ventnor, PO38 with 7 addresses.
It ranks as the 230th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 1 house and 6 other properties.
- Ave. Sale Price
- £239,985
- 10 Year change
- up 25.0%
- Ave. Rental Price
- £1,365pcm
- 10 Year change
- up 41.5%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
PO38 1PE is a residential postcode situated on Spring Hill, Ventnor, PO38 with 7 addresses.
It ranks as the 230th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 1 house and 6 other properties.
- Ave. Sale Price
- £239,985
- 10 Year change
- up 25.0%
- Ave. Rental Price
- £1,365pcm
- 10 Year change
- up 41.5%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Properties in PO38 1PE
- 1 Spring Hill
Building | 3 Flats
- 5A Spring Hill
3 Bed Period House
- 7 Spring Hill
Building | 2 Flats
- Flat
Flat
Sales Market Trends
The last sale in PO38 1PE sold for £159,950 on 21st December 2015. Since then prices are up an average of 31.0%.
The current average value in the postcode is £239,985.
The PO38 1PE Sales Market has increased by 25.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £239,985 |
| June 2025 | 1.5% | £249,949 |
| June 2024 | -7.7% | £246,227 |
| June 2023 | 1.6% | £266,711 |
| June 2022 | 8.1% | £262,528 |
| June 2021 | 7% | £242,856 |
| June 2020 | 10.1% | £226,955 |
| June 2019 | 6.1% | £206,206 |
| June 2018 | 1.9% | £194,263 |
| June 2017 | -0.7% | £190,697 |
| June 2016 | 7.1% | £192,056 |
| June 2015 | 3.5% | £179,353 |
| June 2014 | 3% | £173,331 |
| June 2013 | -5.1% | £168,315 |
| June 2012 | -1.3% | £177,311 |
| June 2011 | -3.4% | £179,608 |
| June 2010 | 7.3% | £185,964 |
| June 2009 | -7.8% | £173,249 |
| June 2008 | -1.7% | £187,986 |
| June 2007 | 0% | £191,223 |
Rental Market Trends
The current average rental value in the postcode is £1,365.
The PO38 1PE Rental Market has increased by 41.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,365pcm |
| June 2025 | 2.5% | £1,319pcm |
| June 2024 | 8.2% | £1,287pcm |
| June 2023 | 7.5% | £1,190pcm |
| June 2022 | 9% | £1,106pcm |
| June 2021 | 4.4% | £1,015pcm |
| June 2020 | 1.3% | £972pcm |
| June 2019 | 2.1% | £960pcm |
| June 2018 | 0.8% | £941pcm |
| June 2017 | -3.3% | £933pcm |
| June 2016 | 5.3% | £965pcm |
| June 2015 | 4.5% | £916pcm |
| June 2014 | 6% | £877pcm |
| June 2013 | 1.5% | £827pcm |
| June 2012 | -1.5% | £815pcm |
| June 2011 | 5% | £828pcm |
| June 2010 | 6% | £788pcm |
| June 2009 | -3.1% | £744pcm |
| June 2008 | 2.9% | £767pcm |
| June 2007 | 0% | £745pcm |
Sales History
The last recorded sale was on 21st December 2015 for £159,950 and since then the market in the area has increased by 31.0%.
PO38 1PE has had 2 sales since 1995, none of them in the last three years.
- Sold Dec 2015£159,950 | 4 Bed Flat7A, Spring Hill, Ventnor, PO38 1PE7A, Spring Hill, Ventnor, PO38 1PE
- Sold Aug 2001£40,000 | 4 Bed Flat7A, Spring Hill, Ventnor, PO38 1PE7A, Spring Hill, Ventnor, PO38 1PE
Nearby Postcodes
PO38 1PE is the 230th largest and the 225th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1TJ, Spring Hill, Ventnor, PO38PO38 1TJ1 Address|22 m away
- PO38 1LT, High Street, Whitwell, Ventnor, PO38PO38 1LT14 Addresses|36 m away
- PO38 1TH, Grove Road, Wroxall, Ventnor, PO38PO38 1TH38 Addresses|50 m away
- PO38 1RZ, High Street, Whitwell, Ventnor, PO38PO38 1RZ43 Addresses|63 m away
- PO38 1HY, Pound Lane, Ventnor, PO38PO38 1HY11 Addresses|78 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Dec 2021£435,000 | 4 Bed House19, Spring Hill, Ventnor, PO38 1PF19, Spring Hill, Ventnor, PO38 1PF
- Sold Apr 2019£392,000 | 4 Bed House23A, Spring Hill, Ventnor, PO38 1PF23A, Spring Hill, Ventnor, PO38 1PF
- Sold Mar 2016£365,000 | 4 Bed House30, Spring Hill, Ventnor, PO38 1PF30, Spring Hill, Ventnor, PO38 1PF
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.2 km away
- Wroxall Primary School2.6 km away
- St Blasius Shanklin CofE Primary Academy4.1 km away
- The Island Free School1.1 km away
- Christ The King College13.3 km away
- Carisbrooke College13.7 km away
More reading links
Public Transport Nearby
The closest station to PO38 1PE is Shanklin station, which is 4.6 kilometres away.
- Shanklin|4.6 km away
- Lake|6.2 km away
- Sandown|7.4 km away
- Brading|10.3 km away
